According to Fact.MR, a market research and competitive intelligence provider: Newly released data on transplant pathogen monitoring in the Americas shows that the market enjoyed year-on-year growth of 6.7% in 2021.
“High incidence of post-transplantation infections in the elderly and advancements in technology for transplant pathogen monitoring have led to an increase in the growth opportunity for market players,” says a FACT.MR analyst.
According to Fact.MR, a market research and competitive intelligence provider: Newly released data on transplant pathogen monitoring in the Americas shows that the market enjoyed year-on-year (YoY) growth of 6.7% in 2021. Revenue from CMV PCR kits, EBV PCR kits, BKV PCR kits, aspergillus test kits, and multiplex PCR kits totaled US$ 298.8 Mn, according to the research conducted by Fact.MR, a market research and competitive intelligence provider.
Demand for transplant pathogen monitoring across the Americas is expected to rise at a high pace, enabling the market to reach US$ 570 Mn in valuation by the end of 2031. Increasing public-private funding for target research activities and technological advancements such as the application of STR-PCR and HLA typing in the field of transplant pathogen monitoring further accentuate market growth.
Adoption of transplant pathogen monitoring is set to witness a rise due to increasing prevalence of chronic diseases and subsequent organ failure. The test related to transplant pathogen monitoring allows successful assessment of the feasibility of procedures involving transplantation. Increasing innovation in technologies related to pathogen monitoring for the management of transplant procedures as well as infection-related scenarios has led to wide adoption of transplant pathogen monitoring by healthcare providers.
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Rising geriatric population and presence of chronic diseases in the age group above 60 years are leading to frequent incidence of post-transplant infections (22.7%), as compared to younger transplant recipients (3.3%), as per a 2019 study in the U.S. population for kidney transplant patients.
Key Takeaways from Market Study
- Despite restricted growth amid COVID-19, demand for transplant pathogen monitoring is expected to rise at nearly 6.7% CAGR through 2031.
- Increasing focus on infection and control is driving a transition towards transplant pathogen monitoring.
- The U.S. will account for a dominant share of 65.7% over the forecast period.
- Argentina is the fastest-growing market in Latin America, exhibiting a 7% CAGR through 2031.
Prevalence of cytomegalovirus reflects that 50% of adults are infected with CMV by the age of 40, and over one in three children are infected by the age of 5 in the U.S., as per the Centers for Disease Control and WHO in 2019.
Test kits are used for rapid as well as accurate detection of infectious agents before a transplantation procedure. Based on product, BKV PCR kits is leading in terms of market share, estimated at 32.2% as of 2021.
Thus, the monitoring and diagnosis of BKV is extremely vital for the prevention of renal diseases and transplant failure. BKV PCR kits are real-time PCR assay kits intended for the detection as well as quantification of BKV DNA.
Increasing Focus on Innovation to Offer Growth Opportunities
Rising number of soft tissues, stem-cell-based, and solid transplantation procedures have led to an augmentation in laboratory automation of transplant pathogen monitoring. In addition, growing advancements in human leukocyte antigen typing have further assisted growth of the transplant pathogen monitoring market.
Increasing public and private investments to develop innovative products for testing and development & enhancement of healthcare infrastructure have assured a rise in the adoption of transplant pathogen monitoring.
Based on distribution channel, diagnostic laboratories depict a market share of 27.2% and are projected to increase at a CAGR of 7.6% over the next ten years.
Revenue from diagnostic laboratories is projected to account for over US$ 169.4 Mn by 2031. This growth is supported by advancements in serology and cellular assays. The need for improving the process for a successful transplant procedure has further led to the evolution of diagnostic laboratories.
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Competitive Landscape –
Companies operating in the American transplant pathogen monitoring market are focused on innovative solutions to decrease the increasing burden of patient numbers for transplant procedures. This factor has encouraged key players to bring innovative solutions in transplant pathogen monitoring for infection monitoring as well as alternative methods for organ transplant surgeries.
The Americas market is set to expand due to rising prevalence of chronic and infectious diseases. Leading organizations are set to focus on research & development as well as strategic geographic expansions into emerging economies to boost their footprint and presence.
Some of the leading players involved in transplant pathogen monitoring include, but are not limited to, Trinity Biotech Plc., Bio-Rad Laboratories, Qiagen NV, Biomerieux SA, Abbott Laboratories, F. Hoffmann-La Roche Ltd., ELITechGroup, and others.
Categories of Transplant Pathogen Monitoring Industry Research
- Transplant Pathogen Monitoring Test Kits
- CMV PCR Kits
- EBV PCR Kits
- BKV PCR Kits
- Aspergillus Test Kits
- Multiplex PCR Kits
- Transplant Pathogen Monitoring by Sample
- Blood Serum Sample Transplant Pathogen Monitoring
- Plasma Sample Transplant Pathogen Monitoring
- Swabs Sample Transplant Pathogen Monitoring
- Urine Sample Transplant Pathogen Monitoring
- Distribution Channel
- Hospitals
- Diagnostic Laboratories
- Cancer Research Institutes
- Specialty Centers
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Fact.MR brings a comprehensive research report on forecasted revenue growth at regional and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031.
The transplant pathogen monitoring market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the basis of the main indication in detail, and every aspect of the market such as test, sample, and distribution channel across the Americas.
Fact.MR’s Domain Knowledge on Healthcare
Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support - encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.
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